Despite mounting global political and trade tensions as well as US tariff adjustments, Vietnam's agro-forestry-fishery sector had a promising start, achieving an export revenue of some US$33.5 billion, and is gearing towards the target of US$65 billion for the whole year.
VOV.VN - In response to changes in US tariff policy and global trade instabilities, Vietnamese businesses are making every effort to expand into new markets, bolster exports and stay resilient in the face of global economic fluctuations.
VOV.VN - Amid mounting tariff pressure from the US, Vietnamese businesses are shifting their focus to Germany, Europe’s largest economy, known for its strong purchasing power, modern distribution network, and transparent, stable business environment.
Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City last week.
VOV.VN - The most optimistic scenario envisions a 10% tariff imposed by the US on Vietnamese goods, under which Vietnam’s GDP growth could reach the target range of 7.5–8%.
Vietnam’s aquatic product exports in the early months of 2025 have continued to show steady growth, although performance has varied across product segments and markets, amid mounting challenges posed by reciprocal tariff measures of the US.
With the US imposing reciprocal tariffs on exports, many Vietnamese firms are pivoting to the burgeoning global Halal market to diversify their revenue streams and boost export growth.
Prime Minister Pham Minh Chinh signed an official dispatch on April 22, outlining key tasks and solutions aimed at driving Vietnam’s economic growth throughout the year.
As the US has paused its 46% reciprocal tariff on imports from Vietnam, the Institute of Strategy and Policy on Natural Resources and Environment (ISPRONE) under the Ministry of Agriculture and Environment has penned several agricultural growth scenarios and solutions in response to the US tariff policy.
Minister of Industry and Trade Nguyen Hong Dien called for ASEAN to stay united and composed in its cooperation with the United States, emphasising the importance of promoting collaboration with external partners, including the US, in areas of mutual interest.